The Australian and Canadian dollars weakened after Donald Trump announced plans to impose 100% tariffs on Chinese goods. The escalation in trade tensions between the world’s two largest economies has increased market caution and weighed on risk-sensitive currencies. Trump stated that the tariffs would come into effect from 1 November or sooner, depending on Beijing’s […]

The post Commodity Currencies Weaken Amid Escalating Trade Tensions appeared first on Action Forex.

Read More